Valor Estates Leads Third Round Bidding for Lavasa Corporation

Read Time:-1 Min

The battle for control of Lavasa Corporation has intensified, with Valor Estates emerging as the top bidder after creditors allowed revised offers and extended the resolution timeline.

In the third round of bidding, Valor Estates offered ₹946 crore (NPV), outpacing rivals. The Welspun–Ashdan consortium followed with a bid of ₹845 crore (NPV), while the Yogayatan Group submitted an updated offer of ₹830 crore (NPV) despite earlier objections to bid revisions.

While Valor holds the highest bid, the Welspun consortium scored strongly on the evaluation matrix due to higher upfront cash, stronger institutional backing, and execution credibility.

The extended timeline has reinvigorated the resolution process, but challenges remain. There may be delays as a result of the Yogayatan Group's petition to the National Company Law Tribunal (NCLT) challenging the lenders' decision to accept new bids. 

Once intended to be India's first planned hill city, Lavasa has long been mired in debt, hampered by regulations, and seen its development stall. Its ownership and chances of revival will be determined by the outcome of this bidding war. 



Join The Discussion

Related posts
PMC’s Bharat Mandapam Plan in Lohgaon Raises Transparency Concern

A proposed development of a “Bharat Mandapam” has been announced by the Pune Municipal Corporation (PMC), involving the allocation of a substantial 27 acres of land that was meant for public amenities in Lohgaon.

Continue Reading
Maharashtra to Appoint Licensed Private Surveyors to Complete Land Measurement Work within 30 Days

The government of the Indian state, Maharashtra, has declared that it will employ authorised private land surveyors to complete land measurements within 30 days, which is considerably shorter than the earlier period of 90 to 120 days.

Continue Reading
Welspun ONE will build a logistics park in Pune's Talegaon

In order to support Pune's expanding logistics ecosystem, Welspun ONE has announced plans to build a massive logistics park in Talegaon, Pune, with a total investment of ₹550 crore.

Continue Reading
Tags
Bhunaksha, genuine plots, Land For Sale, Maharashtra Bhunaksha, plots for sale, Gunthewari, Gunthewari Land, Gunthewari Rules, Extract Documents, Plots and Lands, Saat Baara, Extract Saat, Baara Utara, Jamabandi, property tax payments, Gram Panchayat, lower prices, non-agricultural land, Lower Investment Cost, Gram Panchayat lands, Fresh Land Settlements, Growing demand, affordable homes, genuine p, legal Land, bungalow plots, Konkan, Maharashtra, Purandar, Pune, Karnataka, Bangalore, Farm Land, Kolkata, Rajarhat, Indore, Chhatrapati Sambhajinagar, Aurangabad, Mundhwa, Agricultural Land, Farmhouse Plot, Rules And Penalties, Residential Plots, NA PLots, Residential NA Plots, Commercial NA Plots, Animal Husbandry Land, Tathawade, Vahivat Land Maps, Vahivat, Indian Land Records, Ownership Rights, Red zone, PCMC, Dehu Road, Land Registration Rules, Land Investing, Infrastructure Growth, Land Ownership, Land Encroachment, Panshet Dam, Varasgaon Dam, Verified Land, Plot For Sale, Land Investment, Verified Plots, Land Acquisiton, Hydrological Survey, Invest In Land, Verified Land Plots, Panshet, Khadakwasla, Land Rules, Dakhil Kharij, Land Registry, Property Onwership, Clean Title Check List, Property Verification, Digital Registry, Farm Plots, Agro Property, Land Value Growth, Urban Expansion, Senapati Bapat Road, Registered Land, Agricultral Plot, Purandar Airport, Safe Investment, Secure Property, Plot Buyers, Approved Plots, Land ROI, NA Approved Plots, NA Land, Welspun One, Logistic Park, Talegaon, PMC Bharat Mandapam, Urban Development, Lohgaon,
WhatsApp Icon
WhatsApp
enquiry Icon
Enquiry Now
subscribe Icon
Subscribe Now